California Government Code

§ 45342

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

GOV § 45342Div. 5 · Title 4 · Ch. 2 · Art. 2

Statute text

View on leginfo.ca.gov

Any pension or retirement system adopted shall be on a sound actuarial basis and provide for contributions by both the city and the employee members of the system which shall be based on percentages of pay roll to be changed only by adjustments on account of experience under the system.

Legislative history

Added by Stats. 1949, Ch. 79.